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Seagate Technology (STX-Q)
NASDAQ:STX
97.83
0.03
(0.03%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 4 opinions in the last 12 months.
Seagate Technology (STX-Q) has garnered a mix of opinions from experts. While some view the stock as a value trap that has consistently underperformed and remains inexpensive, others highlight a recent surge in performance, specifically noting strong quarterly results. The positive sentiment is buoyed by market shifts, such as Dell's unexpected growth in the PC sector, driven by renewed demand for upgrades. This trend, coupled with advancements in AI technology, positions Seagate to benefit from higher gross margins and increased pricing power. Analysts express optimism about the potential for margin expansion and overall volume growth, suggesting that now might be the right time for investment.
$89.110
No
A buy off of Dell's strong earnings report.
Seagate just reported a great quarter.
Just bought this for the first time. AI is driving a new refresh cycle in PCs. Also, we haven't upgraded PCs in 4-5 years. Dell just said their PC business was up 3% instead of the expected -2%. HPQ will see growth in the second half of this year, for the first time in 2 years. Also, AMD said last Sunday that their AI PC chips are 5x the speed of existing chips. Seagate leads this sector. Gross margins are poised to go higher. Margins could expand 1,000 basis points year over year. They have pricing power and volumes are rising. She might be early on it, but that's fine.
Memory chips are bottoming now and management just stood behind its 4.8% dividend yield.
Technically, this has rolled over and has a lot of work to do. The company has continued to have earnings beat, which is always a good thing. However, they are flat lining. Dividend yield of almost 7%.
This is in the business of making hard drives, and can be quite a volatile stock. The pricing for disk drives and some of the components they make can be very, very volatile. That can lead to volatility in earnings.
Seagate Technology(STX-Q) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 3
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 4
Seagate Technology(STX-Q) Frequently Asked Questions
What is Seagate Technology stock symbol?
Seagate Technology is a American stock, trading under the symbol STX-Q on the NASDAQ (STX). It is usually referred to as NASDAQ:STX or STX-Q
Is Seagate Technology a buy or a sell?
In the last year, 4 stock analysts published opinions about STX-Q. 3 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Seagate Technology.
Is Seagate Technology a good investment or a top pick?
Seagate Technology was recommended as a Top Pick by on . Read the latest stock experts ratings for Seagate Technology.
Why is Seagate Technology stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Seagate Technology worth watching?
4 stock analysts on Stockchase covered Seagate Technology In the last year. It is a trending stock that is worth watching.
What is Seagate Technology stock price?
On 2025-02-11, Seagate Technology (STX-Q) stock closed at a price of $97.83.
The stock has never done and has always been cheap. It's a value trap.